The Global Legal Post | Latesthttp://www.globallegalpost.comThe latest stories from The Global Legal PostWed, 28 Sep 2016en-gb(C) 2016 Global City Media LtdGlobal Legal Post - Latest News &amp; Headlineshttp://www.globallegalpost.comhttp://www.globallegalpost.com/images/feed-image/global-legal-post.pngHSBC legal chief calls for global collaboration on 'bad actor' rules<a href = 'http://www.globallegalpost.com/corporate-counsel/hsbc-legal-chief-calls-for-global-collaboration-on-bad-actor-rules-40856069/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/hsbc2.jpg' border='0'/></a>Stuart Levey believes that the way global governments and corporates deal with financial crime compliance has become 'outdated'.http://www.globallegalpost.com/corporate-counsel/hsbc-legal-chief-calls-for-global-collaboration-on-bad-actor-rules-40856069/Wed, 28 Sep 2016 15:09Yahoo! under fire for slow response to large-scale account hack<a href = 'http://www.globallegalpost.com/corporate-counsel/yahoo!-under-fire-for-slow-response-to-large-scale-account-hack-45653202/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/Hacker.jpg' border='0'/></a>Over half of Yahoo!'s approximately 1 billion account holders worldwide had their data stolen by a 'state-sponsored' actor during a 2014 hack.http://www.globallegalpost.com/corporate-counsel/yahoo!-under-fire-for-slow-response-to-large-scale-account-hack-45653202/Wed, 28 Sep 2016 14:09Around the house<a href = 'http://www.globallegalpost.com/corporate-counsel/around-the-house-76369746/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/Appointment.jpg' border='0'/></a>A weekly round-up of moves from around the globe.http://www.globallegalpost.com/corporate-counsel/around-the-house-76369746/Wed, 28 Sep 2016 14:09Law firm office manager steals millions<a href = 'http://www.globallegalpost.com/global-view/law-firm-office-manager-steals-millions-67568652/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/48291428_s (2).jpg' border='0'/></a>A former office manager of a law firm in Fremantle, south of Perth, is facing jail after admitting to stealing more than A$2m from her employer.http://www.globallegalpost.com/global-view/law-firm-office-manager-steals-millions-67568652/Wed, 28 Sep 2016 13:09Legal CIOs quicker to embrace AI than counterparts in other sectors<a href = 'http://www.globallegalpost.com/big-stories/legal-cios-quicker-to-embrace-ai-than-counterparts-in-other-sectors-54092281/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/11888402_s (2)1.jpg' border='0'/></a>Although the legal sector is often criticised for being slow to adopt new technologies, a new study suggests it is more advanced in its use and understanding of AI than other sectors.http://www.globallegalpost.com/big-stories/legal-cios-quicker-to-embrace-ai-than-counterparts-in-other-sectors-54092281/Wed, 28 Sep 2016 12:09Nigel Ward sticking with Ashurst despite planned switch<a href = 'http://www.globallegalpost.com/big-stories/nigel-ward-sticking-with-ashurst-despite-planned-switch-20760013/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/15467868_s.jpg' border='0'/></a>Despite a planned move to Paul Hastings announced earlier this year, Ashurst has confirmed that banking partner Nigel Ward is staying put.http://www.globallegalpost.com/big-stories/nigel-ward-sticking-with-ashurst-despite-planned-switch-20760013/Wed, 28 Sep 2016 11:09Jones Day picks up Middle East finance head from HSF<a href = 'http://www.globallegalpost.com/global-view/jones-day-picks-up-middle-east-finance-head-from-hsf-91479762/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/dubai (10).jpg' border='0'/></a>Herbert Smith Freehills' regional lynchpin Nadim Khan is making the switch to Jones Day.http://www.globallegalpost.com/global-view/jones-day-picks-up-middle-east-finance-head-from-hsf-91479762/Wed, 28 Sep 2016 11:09Global M&A values down 50 per cent, research finds<a href = 'http://www.globallegalpost.com/global-view/global-ma-values-down-50-per-cent-research-finds-24523161/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/partnershippuzzle.jpg' border='0'/></a>New data from Thompson Reuters has revealed a significant drop-off in the value of global mergers and acquisitions so far this year.http://www.globallegalpost.com/global-view/global-ma-values-down-50-per-cent-research-finds-24523161/Wed, 28 Sep 2016 11:09Kirkland & Ellis sends five lawyers to apologise to judge over Facebook blunder<a href = 'http://www.globallegalpost.com/big-stories/kirkland--ellis-sends-five-lawyers-to-apologise-to-judge-over-facebook-blunder-67669825/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/facebook23.jpg' border='0'/></a>US District Court Judge Nicholas Garaufis has resolved his spat with Facebook's legal team.http://www.globallegalpost.com/big-stories/kirkland--ellis-sends-five-lawyers-to-apologise-to-judge-over-facebook-blunder-67669825/Wed, 28 Sep 2016 12:09The law department of the future<a href = 'http://www.globallegalpost.com/corporate-counsel/the-law-department-of-the-future-69533866/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/43854408_s (3).jpg' border='0'/></a>General counsel give their view of how the law department of the future will look in the run-up to the GC Futures Summit 2016.http://www.globallegalpost.com/corporate-counsel/the-law-department-of-the-future-69533866/Wed, 28 Sep 2016 11:09Freshfields the latest to sign AI deal with Kira Systems<a href = 'http://www.globallegalpost.com/big-stories/freshfields-the-latest-to-sign-ai-deal-with-kira-systems-77839752/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/Robot.jpg' border='0'/></a>After trialling a variety of different AI legal platforms, the Magic Circle firm is sticking with Kira Systems.http://www.globallegalpost.com/big-stories/freshfields-the-latest-to-sign-ai-deal-with-kira-systems-77839752/Tue, 27 Sep 2016 13:09Clifford Chance poaches London life sciences co-head from Olswang<a href = 'http://www.globallegalpost.com/big-stories/clifford-chance-poaches-london-life-sciences-co-head-from-olswang-30612869/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/recruitment4.jpg' border='0'/></a>Intellectual property partner Stephen Reese is joining the partnership at Clifford Chance.http://www.globallegalpost.com/big-stories/clifford-chance-poaches-london-life-sciences-co-head-from-olswang-30612869/Tue, 27 Sep 2016 13:09Macfarlanes head of financial services quits for Quinn Emanuel<a href = 'http://www.globallegalpost.com/big-stories/macfarlanes-head-of-financial-services-quits-for-quinn-emanuel-29792327/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/lateralhire.jpg' border='0'/></a>Quinn Emanuel Urquhart & Sullivan has added former Macfarlanes financial services boss David Berman to its growing list of high-profile lateral hires.http://www.globallegalpost.com/big-stories/macfarlanes-head-of-financial-services-quits-for-quinn-emanuel-29792327/Tue, 27 Sep 2016 13:09Burges Salmon welcomes first batch of legal apprentices<a href = 'http://www.globallegalpost.com/big-stories/burges-salmon-welcomes-first-batch-of-legal-apprentices-23744120/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/Young_lawyers_cropped.jpg' border='0'/></a>Five Trailblazer Apprentices started yesterday at Burgess Salmon.http://www.globallegalpost.com/big-stories/burges-salmon-welcomes-first-batch-of-legal-apprentices-23744120/Tue, 27 Sep 2016 15:09'Disgruntled lawyer' suspected of shooting nine people in Houston<a href = 'http://www.globallegalpost.com/big-stories/disgruntled-lawyer-suspected-of-shooting-nine-people-in-houston-86696810/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/26540666_s_300x180.jpg' border='0'/></a>'Disgruntled lawyer' suspected of shooting nine people in Houstonhttp://www.globallegalpost.com/big-stories/disgruntled-lawyer-suspected-of-shooting-nine-people-in-houston-86696810/Tue, 27 Sep 2016 13:09Dentons unveils US leadership reshuffle for 2017<a href = 'http://www.globallegalpost.com/big-stories/dentons-unveils-us-leadership-reshuffle-for-2017-67280406/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/40402358_s_300x180.jpg' border='0'/></a>Global megafirm Dentons is rejigging the upper echelons of its leadership team in the United States.http://www.globallegalpost.com/big-stories/dentons-unveils-us-leadership-reshuffle-for-2017-67280406/Tue, 27 Sep 2016 10:09Judge schools Facebook and Kirkland & Ellis for sending first-year associate to terrorism hearing<a href = 'http://www.globallegalpost.com/big-stories/judge-schools-facebook-and-kirkland--ellis-for-sending-first-year-associate-to-terrorism-hearing-51999845/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/44139095_s_300x180.jpg' border='0'/></a>US District Court Judge Nicholas Garaufis told Kirkland & Ellis that the decision to send such a junior lawyer into his courtroom was 'outrageous, irresponsible and insulting.'http://www.globallegalpost.com/big-stories/judge-schools-facebook-and-kirkland--ellis-for-sending-first-year-associate-to-terrorism-hearing-51999845/Wed, 28 Sep 2016 12:09Shearman & Sterling called up to advise on Wells Fargo executive pay<a href = 'http://www.globallegalpost.com/big-stories/shearman--sterling-called-up-to-advise-on-wells-fargo-executive-pay-14548608/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/43954648_s_300x180.jpg' border='0'/></a>The firm will advise on potential clawbacks of executive salaries and bonuses as the regulatory pressure on Wells Fargo intensifies.http://www.globallegalpost.com/big-stories/shearman--sterling-called-up-to-advise-on-wells-fargo-executive-pay-14548608/Mon, 26 Sep 2016 12:09Allen & Overy preps for major US IP expansion<a href = 'http://www.globallegalpost.com/big-stories/allen--overy-preps-for-major-us-ip-expansion-84189948/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/US_flag_cropped.jpg' border='0'/></a>The firm is reportedly looking to build an IP litigation presence in the United States.http://www.globallegalpost.com/big-stories/allen--overy-preps-for-major-us-ip-expansion-84189948/Mon, 26 Sep 2016 12:09FTSE 100 set aside &pound;31.3bn for litigation bills<a href = 'http://www.globallegalpost.com/big-stories/ftse-100-set-aside-313bn-for-litigation-bills-52785091/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/Poundworld.jpg' border='0'/></a>Data published by Thompson Reuters has shown that companies are stashing more and more cash in anticipation of higher legal costs, regulatory fines and court-ordered compensation payouts.http://www.globallegalpost.com/big-stories/ftse-100-set-aside-313bn-for-litigation-bills-52785091/Mon, 26 Sep 2016 10:09Linklaters senior partner Elliot will stay on after stepping down<a href = 'http://www.globallegalpost.com/big-stories/linklaters-senior-partner-elliot-will-stay-on-after-stepping-down-23496101/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/Linklaters_cropped.jpg' border='0'/></a>Incumbent senior partner Robert Elliot will be taking on a consultant role at Linklaters after handing over the reins to Charlie Jacobs.http://www.globallegalpost.com/big-stories/linklaters-senior-partner-elliot-will-stay-on-after-stepping-down-23496101/Mon, 26 Sep 2016 13:09Cartier win battle against counterfeit websites<a href = 'http://www.globallegalpost.com/global-view/cartier-win-battle-against-counterfeit-websites-59436641/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/Cartier2.jpg' border='0'/></a>Counterfeiters beware - a recent court decision was good news for luxury companies.http://www.globallegalpost.com/global-view/cartier-win-battle-against-counterfeit-websites-59436641/Mon, 26 Sep 2016 13:09Attorney wins MacArthur 'Genius Grant' for immigration work<a href = 'http://www.globallegalpost.com/big-stories/attorney-wins-macarthur-genius-grant-for-immigration-work-88860415/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/49949787_s_300x180.jpg' border='0'/></a>Immigration lawyer Ahilan Arulanantham has been awarded a $625,000 'genius grant' from the MacArthur Fellows Program.http://www.globallegalpost.com/big-stories/attorney-wins-macarthur-genius-grant-for-immigration-work-88860415/Fri, 23 Sep 2016 13:09Allen & Overy nabs two more IP partners from Simmons & Simmons<a href = 'http://www.globallegalpost.com/big-stories/allen--overy-nabs-two-more-ip-partners-from-simmons--simmons-74938011/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/41524026_s_300x180.jpg' border='0'/></a>Allen & Overy has made its second double-partner hire from Simmons & Simmons' London intellectual property practice this year.http://www.globallegalpost.com/big-stories/allen--overy-nabs-two-more-ip-partners-from-simmons--simmons-74938011/Fri, 23 Sep 2016 12:09Brexit jitters trigger pay freeze at Bond Dickinson<a href = 'http://www.globallegalpost.com/big-stories/brexit-jitters-trigger-pay-freeze-at-bond-dickinson-38824169/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/57433528_s_300x180.jpg' border='0'/></a>Bond Dickinson is the latest firm to delay its annual salary reviews.http://www.globallegalpost.com/big-stories/brexit-jitters-trigger-pay-freeze-at-bond-dickinson-38824169/Fri, 23 Sep 2016 11:09Travers Smith embarks on AI due diligence trial<a href = 'http://www.globallegalpost.com/big-stories/travers-smith-embarks-on-ai-due-diligence-trial-62711192/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/11888402_s_300x180.jpg' border='0'/></a>Travers Smith is the latest firm to strike up a partnership with artificial intelligence technology company RAVN Systems.http://www.globallegalpost.com/big-stories/travers-smith-embarks-on-ai-due-diligence-trial-62711192/Fri, 23 Sep 2016 11:09Nabarro loses contruction disputes heavyweight to Eversheds<a href = 'http://www.globallegalpost.com/big-stories/nabarro-loses-contruction-disputes-heavyweight-to-eversheds-19093443/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/shutterstock_134138183.jpg' border='0'/></a>One on Nabarro's top litigators is changing firms after 16 years.http://www.globallegalpost.com/big-stories/nabarro-loses-contruction-disputes-heavyweight-to-eversheds-19093443/Fri, 23 Sep 2016 11:09Baker & McKenzie retains 88 per cent of qualifying trainees<a href = 'http://www.globallegalpost.com/big-stories/baker--mckenzie-retains-88-per-cent-of-qualifying-trainees-90639518/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/City_of_London.jpg' border='0'/></a>The Chicago-headquartered law firm is keeping on all but two of its 16 qualifying trainees in London.http://www.globallegalpost.com/big-stories/baker--mckenzie-retains-88-per-cent-of-qualifying-trainees-90639518/Fri, 23 Sep 2016 11:09Lawyer for Ai Weiwei handed 12-year prison sentence in China<a href = 'http://www.globallegalpost.com/global-view/lawyer-for-ai-weiwei-handed-12-year-prison-sentence-in-china-57004198/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/41378365_s_300x180.jpg' border='0'/></a>Renowned activist lawyer Xia Lin has been sentenced to 12 years in prison for fraud charges, prompting outcry among China's legal and human rights communities.http://www.globallegalpost.com/global-view/lawyer-for-ai-weiwei-handed-12-year-prison-sentence-in-china-57004198/Fri, 23 Sep 2016 11:09Black lawyers less likely to change firms with co-workers, study finds<a href = 'http://www.globallegalpost.com/big-stories/black-lawyers-less-likely-to-change-firms-with-co-workers-study-finds-85128596/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/Diversity crop.jpg' border='0'/></a>New research has found that black lawyers in the United States are significantly less likely to move to a new firm alongside their colleagues if their current firm closes.http://www.globallegalpost.com/big-stories/black-lawyers-less-likely-to-change-firms-with-co-workers-study-finds-85128596/Fri, 23 Sep 2016 08:09New study questions implications of courtroom video links<a href = 'http://www.globallegalpost.com/global-view/new-study-questions-implications-of-courtroom-video-links-37634472/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/Prison cropped.jpg' border='0'/></a>Prisoners in Australia are concerned that the growing use of video links for courtroom appearances might have an impact on the quality of justice they receive.http://www.globallegalpost.com/global-view/new-study-questions-implications-of-courtroom-video-links-37634472/Fri, 23 Sep 2016 08:09Another blow for Ashurst as Brussels head walks<a href = 'http://www.globallegalpost.com/big-stories/another-blow-for-ashurst-as-brussels-head-walks-20413601/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/25983809_s_300x180.jpg' border='0'/></a>Simmons & Simmons has picked up two senior figures from Ashurst's office in Brussels, including local managing partner Carl Meyntjens.http://www.globallegalpost.com/big-stories/another-blow-for-ashurst-as-brussels-head-walks-20413601/Thu, 22 Sep 2016 10:09Gowling WLG revives annual pay review<a href = 'http://www.globallegalpost.com/big-stories/gowling-wlg-revives-annual-pay-review-95024085/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/35031616_s_300x180.jpg' border='0'/></a>Gowling WLG has regained confidence after the surprise EU referendum result and decided to lift its freeze on salaries.http://www.globallegalpost.com/big-stories/gowling-wlg-revives-annual-pay-review-95024085/Thu, 22 Sep 2016 11:09KWM extends nominations deadline for EU managing partner<a href = 'http://www.globallegalpost.com/big-stories/kwm-extends-nominations-deadline-for-eu-managing-partner-34372565/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/STOCK4YES.jpg' border='0'/></a>King & Wood Mallesons has added an extra week to the nominations period for its new European managing partner.http://www.globallegalpost.com/big-stories/kwm-extends-nominations-deadline-for-eu-managing-partner-34372565/Thu, 22 Sep 2016 11:09Quinn Emanuel loses Moscow arbitration duo<a href = 'http://www.globallegalpost.com/big-stories/quinn-emanuel-loses-moscow-arbitration-duo-39128389/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/moscow (2)1.jpg' border='0'/></a>Baker Botts has picked up two arbitration partners from Quinn Emanuel Urquhart & Sullivan's office in Moscow.http://www.globallegalpost.com/big-stories/quinn-emanuel-loses-moscow-arbitration-duo-39128389/Thu, 22 Sep 2016 11:09Indian legal market liberalisation plans gaining traction<a href = 'http://www.globallegalpost.com/global-view/indian-legal-market-liberalisation-plans-gaining-traction-77638334/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/india site shutdown.jpg' border='0'/></a>Plans to crack open India's legal market to the world are poised to take one big step forward.http://www.globallegalpost.com/global-view/indian-legal-market-liberalisation-plans-gaining-traction-77638334/Thu, 22 Sep 2016 11:09Global GCs predict continued growth in litigation<a href = 'http://www.globallegalpost.com/corporate-counsel/global-gcs-predict-continued-growth-in-litigation-85313519/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/shutterstock_202502062.jpg' border='0'/></a>General counsel from around the globe expect the upward trajectory of litigation seen in recent years to continue in the coming 12 months.http://www.globallegalpost.com/corporate-counsel/global-gcs-predict-continued-growth-in-litigation-85313519/Wed, 21 Sep 2016 17:09HSBC slapped with fine from Hong Kong securities regulator<a href = 'http://www.globallegalpost.com/corporate-counsel/hsbc-slapped-with-fine-from-hong-kong-securities-regulator-78894031/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/58172557_s_300x180.jpg' border='0'/></a>Hong Kong's Securities and Futures Commission has hit global banking group HSBC with a fine for regulatory misconduct dating back to 2014.http://www.globallegalpost.com/corporate-counsel/hsbc-slapped-with-fine-from-hong-kong-securities-regulator-78894031/Wed, 21 Sep 2016 17:09Former GE legal chief rejoins law firm life at Goodwin Procter<a href = 'http://www.globallegalpost.com/corporate-counsel/former-ge-legal-chief-rejoins-law-firm-life-at-goodwin-procter-19594079/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/Boston13.jpg' border='0'/></a>Brackett Denniston III is coming out of retirement, but he won't be heading back in-house.http://www.globallegalpost.com/corporate-counsel/former-ge-legal-chief-rejoins-law-firm-life-at-goodwin-procter-19594079/Wed, 21 Sep 2016 17:09Around the house<a href = 'http://www.globallegalpost.com/corporate-counsel/around-the-house-77333862/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/38895681_s_300x180.jpg' border='0'/></a>A weekly round-up of moves from around the globe.http://www.globallegalpost.com/corporate-counsel/around-the-house-77333862/Wed, 21 Sep 2016 17:09Gender gap prevails in solicitor pay, says Law Society report<a href = 'http://www.globallegalpost.com/big-stories/gender-gap-prevails-in-solicitor-pay-says-law-society-report-90196120/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/Gender_Gap.jpg' border='0'/></a>A new report from the Law Society has found that average pay for women solicitors is still round 20 per cent lower than that of their male colleagues.http://www.globallegalpost.com/big-stories/gender-gap-prevails-in-solicitor-pay-says-law-society-report-90196120/Wed, 21 Sep 2016 10:09Former KWM tax boss resurfaces at Forsters<a href = 'http://www.globallegalpost.com/big-stories/former-kwm-tax-boss-resurfaces-at-forsters-77897096/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/49633770_s_300x180.jpg' border='0'/></a>Private client and real estate firm Forsters has recruited former KWM head of tax Heather Corben into its partnership.http://www.globallegalpost.com/big-stories/former-kwm-tax-boss-resurfaces-at-forsters-77897096/Wed, 21 Sep 2016 10:09A&O hires former StanChart legal head in Thailand<a href = 'http://www.globallegalpost.com/big-stories/ao-hires-former-stanchart-legal-head-in-thailand-79485860/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/39376695_s_300x180.jpg' border='0'/></a>Standard Chartered Bank Thailand's former head of legal and compliance Nithi Laophulsuk is joining Allen & Overy as a partner.http://www.globallegalpost.com/big-stories/ao-hires-former-stanchart-legal-head-in-thailand-79485860/Wed, 21 Sep 2016 08:09Shearman & Sterling considering equity partner demotions<a href = 'http://www.globallegalpost.com/big-stories/shearman--sterling-considering-equity-partner-demotions-78490118/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/10531337_s_300x180.jpg' border='0'/></a>The firm may cull back its equity partnership in an effort to boost profit and re-focus its business.http://www.globallegalpost.com/big-stories/shearman--sterling-considering-equity-partner-demotions-78490118/Wed, 21 Sep 2016 08:09Revenues skyrocket at Signature Litigation<a href = 'http://www.globallegalpost.com/big-stories/revenues-skyrocket-at-signature-litigation-69796650/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/33421403_s (2).jpg' border='0'/></a>Disputes boutique Signature Litigation has seen revenue jump by 36 per cent for FY15/16 to &pound;10.2m and continues to invest in lateral hiring with Bryan Cave litigation partner Ioannis Alexopoulos.http://www.globallegalpost.com/big-stories/revenues-skyrocket-at-signature-litigation-69796650/Wed, 21 Sep 2016 09:09DLA Piper combines with IP boutique in Canada<a href = 'http://www.globallegalpost.com/global-view/dla-piper-combines-with-ip-boutique-in-canada-68680356/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/Toronto5.jpg' border='0'/></a>Interest in the Canadian legal market from global heavyweights continues as DLA Piper announces it has combined with IP boutique Dimock Stratton.http://www.globallegalpost.com/global-view/dla-piper-combines-with-ip-boutique-in-canada-68680356/Wed, 21 Sep 2016 08:09Former US House Speaker joins Squire Patton Boggs<a href = 'http://www.globallegalpost.com/big-stories/former-us-house-speaker-joins-squire-patton-boggs-78296859/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/11397501_s_300x180.jpg' border='0'/></a>Squire Patton Boggs has announced it has hired former US House Speaker John Boehner as a strategic advisor.http://www.globallegalpost.com/big-stories/former-us-house-speaker-joins-squire-patton-boggs-78296859/Wed, 21 Sep 2016 08:09Judge sets trial for Nov 2017 as defendants seek deals<a href = 'http://www.globallegalpost.com/big-stories/judge-sets-trial-for-nov-2017-as-defendants-seek-deals-98107296/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/57137603_s (2).jpg' border='0'/></a>Some defendants in the FIFA corruption probe are in talks to plead guilty, according to federal prosecutors, as a trial in November 2017 looms for those left standing.http://www.globallegalpost.com/big-stories/judge-sets-trial-for-nov-2017-as-defendants-seek-deals-98107296/Tue, 20 Sep 2016 14:09Gateley in second post-IPO acquisition<a href = 'http://www.globallegalpost.com/big-stories/gateley-in-second-post-ipo-acquisition-44363772/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/10435337_s (2).jpg' border='0'/></a>The UK's first publicly listed law firm has continued its post-IPO expansion, acquiring Birmingham-based property consultancy Hamer Associates for &pound;2.05 million.http://www.globallegalpost.com/big-stories/gateley-in-second-post-ipo-acquisition-44363772/Tue, 20 Sep 2016 14:09Septuagenarian law student awaits entrance to the bar<a href = 'http://www.globallegalpost.com/big-stories/septuagenarian-law-student-awaits-entrance-to-the-bar-53292763/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/47565203_s (2).jpg' border='0'/></a>Whilst many of his age would now be retired from the legal profession, a 75-year-old law student says he has a job lined up at a law firm as soon as he is admitted to the bar.http://www.globallegalpost.com/big-stories/septuagenarian-law-student-awaits-entrance-to-the-bar-53292763/Tue, 20 Sep 2016 13:09Slater & Gordon launch lawsuit over Quindell acquisition<a href = 'http://www.globallegalpost.com/big-stories/slater--gordon-launch-lawsuit-over-quindell-acquisition-26611713/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/slater-gordon.jpg' border='0'/></a>Slater & Gordon is planning to sue Watchstone Group (formerly Quindell) over its troubled acquisition of the firm's UK professional services arm last year.http://www.globallegalpost.com/big-stories/slater--gordon-launch-lawsuit-over-quindell-acquisition-26611713/Tue, 20 Sep 2016 12:09K&L Gates to replace Kalis with leadership duo<a href = 'http://www.globallegalpost.com/big-stories/kl-gates-to-replace-kalis-with-leadership-duo-82737274/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/21454312_s (2).jpg' border='0'/></a>The firm's global management committee has unanimously selected two partners to succeed long-serving global chair and managing partner Peter Kalis when he retires next year.http://www.globallegalpost.com/big-stories/kl-gates-to-replace-kalis-with-leadership-duo-82737274/Tue, 20 Sep 2016 12:09Trump's 'nationwide crime wave' isn't founded in evidence, says expert report<a href = 'http://www.globallegalpost.com/big-stories/trumps-nationwide-crime-wave-isnt-founded-in-evidence-says-expert-report-50822884/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/37883852_s_300x180.jpg' border='0'/></a>A spike in violent crime and murder in Chicago will drag up national figures for 2016, says the NYU Law School's Brennan Centre for Justice.http://www.globallegalpost.com/big-stories/trumps-nationwide-crime-wave-isnt-founded-in-evidence-says-expert-report-50822884/Tue, 20 Sep 2016 12:09Clifford Chance slashes trainee intake by 20 per cent<a href = 'http://www.globallegalpost.com/big-stories/clifford-chance-slashes-trainee-intake-by-20-per-cent-39663603/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/37300728_s_300x180.jpg' border='0'/></a>Clifford Chance is culling its annual trainee intake for the second time in five years.http://www.globallegalpost.com/big-stories/clifford-chance-slashes-trainee-intake-by-20-per-cent-39663603/Tue, 20 Sep 2016 12:09FIFA creates CCO role, hires PwC<a href = 'http://www.globallegalpost.com/global-view/fifa-creates-cco-role-hires-pwc-783062/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/FIFA2.jpg' border='0'/></a>Football's scandal-plagued governing body has announced that for the first time in its history that it has created a chief compliance officer position and hired a US-educated lawyer for the role.http://www.globallegalpost.com/global-view/fifa-creates-cco-role-hires-pwc-783062/Mon, 19 Sep 2016 14:09Supreme Court makes big screen debut in rom-com sequel<a href = 'http://www.globallegalpost.com/big-stories/supreme-court-makes-big-screen-debut-in-rom-com-sequel-78137260/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/59469620_s_299x180.jpg' border='0'/></a>The UK's highest court hit cinemas around the country on Friday as one of the sets in the latest instalment of the Bridget Jones film franchise.http://www.globallegalpost.com/big-stories/supreme-court-makes-big-screen-debut-in-rom-com-sequel-78137260/Mon, 19 Sep 2016 13:09Hogan Lovells looking for a new home in London<a href = 'http://www.globallegalpost.com/big-stories/hogan-lovells-looking-for-a-new-home-in-london-94540300/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/54987274_s_300x180.jpg' border='0'/></a>Hogan Lovells is considering consolidating its three London offices into one new HQ.http://www.globallegalpost.com/big-stories/hogan-lovells-looking-for-a-new-home-in-london-94540300/Mon, 19 Sep 2016 13:09Ashurst starts to rebuild with new partner hire in Germany<a href = 'http://www.globallegalpost.com/big-stories/ashurst-starts-to-rebuild-with-new-partner-hire-in-germany-18271466/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/25147675_s_300x180.jpg' border='0'/></a>Ashurst's Frankfurt office has picked up a new tax partner from Jones Day.http://www.globallegalpost.com/big-stories/ashurst-starts-to-rebuild-with-new-partner-hire-in-germany-18271466/Mon, 19 Sep 2016 13:09Law firm profitability under pressure amid M&A slowdown<a href = 'http://www.globallegalpost.com/big-stories/law-firm-profitability-under-pressure-amid-ma-slowdown-67579529/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/Merger (6).jpg' border='0'/></a>Concern is mounting that a decline in M&A activity may place a drag on law firm profits this year.http://www.globallegalpost.com/big-stories/law-firm-profitability-under-pressure-amid-ma-slowdown-67579529/Tue, 20 Sep 2016 17:09New global chair for McDermott<a href = 'http://www.globallegalpost.com/global-view/new-global-chair-for-mcdermott-79747086/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/43815943_s (3).jpg' border='0'/></a>McDermott Will and Emery has elected Ira Coleman as its new global chairman, replacing co-chairs Jeffrey Stone and Peter Sacripanti.http://www.globallegalpost.com/global-view/new-global-chair-for-mcdermott-79747086/Mon, 19 Sep 2016 13:09Freshfields bans 'Dear Sirs' from all global comms<a href = 'http://www.globallegalpost.com/big-stories/freshfields-bans-dear-sirs-from-all-global-comms-92739718/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/gender.jpg' border='0'/></a>The firm is ditching the masculinised greeting in favour of more gender-neutral options.http://www.globallegalpost.com/big-stories/freshfields-bans-dear-sirs-from-all-global-comms-92739718/Fri, 16 Sep 2016 10:09HSF launches new hub in Melbourne with 50-lawyer team<a href = 'http://www.globallegalpost.com/big-stories/hsf-launches-new-hub-in-melbourne-with-50-lawyer-team-27950855/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/Australia Melbourne.jpg' border='0'/></a>The firm is following up its Shanghai opening with another low-cost legal services centre in Melbourne.http://www.globallegalpost.com/big-stories/hsf-launches-new-hub-in-melbourne-with-50-lawyer-team-27950855/Fri, 16 Sep 2016 10:09DLA Piper to crack down on slackers with 'red card' system<a href = 'http://www.globallegalpost.com/big-stories/dla-piper-to-crack-down-on-slackers-with-red-card-system-3819017/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/29819243_s_300x180.jpg' border='0'/></a>Lawyers who don't log enough hours each day may find their quarterly drawings withheld under a new disciplinary system at DLA Piper.http://www.globallegalpost.com/big-stories/dla-piper-to-crack-down-on-slackers-with-red-card-system-3819017/Fri, 16 Sep 2016 16:09Ashurst Singapore boss walks out following partner exodus<a href = 'http://www.globallegalpost.com/big-stories/ashurst-singapore-boss-walks-out-following-partner-exodus-35592462/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/18761077_s_300x180.jpg' border='0'/></a>Singapore managing partner Shaun Lascelles is the latest casualty in this week's ongoing Ashurst exodus.http://www.globallegalpost.com/big-stories/ashurst-singapore-boss-walks-out-following-partner-exodus-35592462/Fri, 16 Sep 2016 16:09Kennedys senior partner set to serve fifth term<a href = 'http://www.globallegalpost.com/big-stories/kennedys-senior-partner-set-to-serve-fifth-term-98042219/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/42317724_s (2).jpg' border='0'/></a>Nick Thomas is to stand uncontested for a fifth five-year term as senior partner at insurance specialist Kennedys.http://www.globallegalpost.com/big-stories/kennedys-senior-partner-set-to-serve-fifth-term-98042219/Fri, 16 Sep 2016 16:09Mayer Brown affiliate opens in Brasília with ex-AG hire<a href = 'http://www.globallegalpost.com/global-view/mayer-brown-affiliate-opens-in-brasília-with-ex-ag-hire-55266024/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/51520120_s (2).jpg' border='0'/></a>Mayer Brown's Brazilian arm has opened a new office in the country's capital and hired a former attorney general and confidant of ousted president Dilma Rousseff as a partner in its litigation and compliance practice.http://www.globallegalpost.com/global-view/mayer-brown-affiliate-opens-in-brasília-with-ex-ag-hire-55266024/Fri, 16 Sep 2016 16:09Slaughter and May joins AI revolution with new partnership<a href = 'http://www.globallegalpost.com/big-stories/slaughter-and-may-joins-ai-revolution-with-new-partnership-61691230/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/47899583_s_300x180.jpg' border='0'/></a>Elite firm Slaughter and May has signed a deal with AI start-up Luminance Technologies to develop new intelligent technologies for M&A work.http://www.globallegalpost.com/big-stories/slaughter-and-may-joins-ai-revolution-with-new-partnership-61691230/Thu, 15 Sep 2016 15:09Truss gives go-ahead to digital criminal courts<a href = 'http://www.globallegalpost.com/big-stories/truss-gives-go-ahead-to-digital-criminal-courts-45997706/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/51127006_s (2).jpg' border='0'/></a>Lord Chancellor Liz Truss has today backed a &pound;1 billion programme to extend online courts to criminal offences.http://www.globallegalpost.com/big-stories/truss-gives-go-ahead-to-digital-criminal-courts-45997706/Thu, 15 Sep 2016 15:09Big firms advise on Bayer's Monsanto megadeal<a href = 'http://www.globallegalpost.com/big-stories/big-firms-advise-on-bayers-monsanto-megadeal-79166323/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/41066568_s (2).jpg' border='0'/></a>Around six large law firms are advising on Bayer AG's $66 billion acquisition of Monsanto Co, the largest all-cash transaction in history.http://www.globallegalpost.com/big-stories/big-firms-advise-on-bayers-monsanto-megadeal-79166323/Thu, 15 Sep 2016 15:09Ashurst loses Abu Dhabi boss to US rival<a href = 'http://www.globallegalpost.com/global-view/ashurst-loses-abu-dhabi-boss-to-us-rival-78502754/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/Abu Dhabi2.jpg' border='0'/></a>Abu Dhabi managing partner Alastair Holland is the latest partner to ditch Ashurst in favour of a US firm.http://www.globallegalpost.com/global-view/ashurst-loses-abu-dhabi-boss-to-us-rival-78502754/Thu, 15 Sep 2016 12:09Squire Patton Boggs managing partner to step down<a href = 'http://www.globallegalpost.com/big-stories/squire-patton-boggs-managing-partner-to-step-down-91254218/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/44306969_s (2).jpg' border='0'/></a>The firm's EMEA boss Peter Crossley has confirmed that he will step down from the helm at the end of this year.http://www.globallegalpost.com/big-stories/squire-patton-boggs-managing-partner-to-step-down-91254218/Thu, 15 Sep 2016 12:09Cuatrecasas enters association with Colombian firm<a href = 'http://www.globallegalpost.com/global-view/cuatrecasas-enters-association-with-colombian-firm-89126940/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/shutterstock_191521901 (2).jpg' border='0'/></a>Iberian firm Cuatrecasas Gonçalves Pereira has entered into an association with Colombian firm Posse Herrera Ruiz.http://www.globallegalpost.com/global-view/cuatrecasas-enters-association-with-colombian-firm-89126940/Thu, 15 Sep 2016 17:09Vedder Price opens doors in Singapore<a href = 'http://www.globallegalpost.com/global-view/vedder-price-opens-doors-in-singapore-17308426/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/Singapore (5).jpg' border='0'/></a>The Chicago-headquartered firm has announced it is opening a new office in the city-state to strengthen its Global Transportation Finance (GTF) practice.http://www.globallegalpost.com/global-view/vedder-price-opens-doors-in-singapore-17308426/Thu, 15 Sep 2016 15:09Kirkland & Ellis absorbs DC boutique Bancroft<a href = 'http://www.globallegalpost.com/global-view/kirkland--ellis-absorbs-dc-boutique-bancroft-32333395/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/11397501_s_300x180.jpg' border='0'/></a>BigLaw firm Kirkland & Ellis has hired all 17 lawyers at elite Washington DC boutique Bancroft.http://www.globallegalpost.com/global-view/kirkland--ellis-absorbs-dc-boutique-bancroft-32333395/Wed, 14 Sep 2016 14:09HP Inc kicks off inaugural panel review<a href = 'http://www.globallegalpost.com/big-stories/hp-inc-kicks-off-inaugural-panel-review-50450695/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/HP (2).jpg' border='0'/></a>The successor company is building its first legal panel since the division of Hewlett Packard last year.http://www.globallegalpost.com/big-stories/hp-inc-kicks-off-inaugural-panel-review-50450695/Wed, 14 Sep 2016 13:09Davis Polk launches rehiring program to boost gender diversity<a href = 'http://www.globallegalpost.com/big-stories/davis-polk-launches-rehiring-program-to-boost-gender-diversity-38838099/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/43273106_s (1)_300x180.jpg' border='0'/></a>The firm wants to recapture lost talent among women who've left the firm for extended periods of time, including those who have left to have children.http://www.globallegalpost.com/big-stories/davis-polk-launches-rehiring-program-to-boost-gender-diversity-38838099/Wed, 14 Sep 2016 13:09Swatch wins Apple trademark battle<a href = 'http://www.globallegalpost.com/global-view/swatch-wins-apple-trademark-battle-48518955/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/42841222_s (2).jpg' border='0'/></a>Watch company Swatch has successfully opposed Apple's "iWatch" trademark on the basis of its registrations covering the logo "iSwatch" and the word "Swatch".http://www.globallegalpost.com/global-view/swatch-wins-apple-trademark-battle-48518955/Wed, 14 Sep 2016 13:09Ashurst, NRF, Withers and Ince & Co announce junior pay raises<a href = 'http://www.globallegalpost.com/big-stories/ashurst-nrf-withers-and-ince--co-announce-junior-pay-raises-96557599/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/38908955_s (2).jpg' border='0'/></a>All four firms have delivered end-of-the-summer sweeteners for their junior City lawyers.http://www.globallegalpost.com/big-stories/ashurst-nrf-withers-and-ince--co-announce-junior-pay-raises-96557599/Wed, 14 Sep 2016 12:09Chadbourne & Parke women partners hit back at discrimination lawsuit<a href = 'http://www.globallegalpost.com/big-stories/chadbourne--parke-women-partners-hit-back-at-discrimination-lawsuit-83609694/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/38749905_s_300x180.jpg' border='0'/></a>Fourteen women partners at New York-headquartered firm Chadbourne & Parke have rebuffed a discrimination lawsuit filed on their behalf by a former colleague.http://www.globallegalpost.com/big-stories/chadbourne--parke-women-partners-hit-back-at-discrimination-lawsuit-83609694/Wed, 14 Sep 2016 13:09Corporate leaders want to diversify GC role, survey finds<a href = 'http://www.globallegalpost.com/corporate-counsel/corporate-leaders-want-to-diversify-gc-role-survey-finds-32360714/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/14378930_l_300x180.jpg' border='0'/></a>A new report from KPMG has found that many top company executives want in-house legal leaders to take on more responsibilities outside the legal department.http://www.globallegalpost.com/corporate-counsel/corporate-leaders-want-to-diversify-gc-role-survey-finds-32360714/Wed, 14 Sep 2016 12:09Agrium and PotashCorp announce mega merger<a href = 'http://www.globallegalpost.com/corporate-counsel/agrium-and-potashcorp-announce-mega-merger-7466100/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/15528088_s_300x180.jpg' border='0'/></a>Canadian fertiliser giants Agrium and Potash Corporation of Saskatchewan have revealed plans to merge into one $27 billion crop nutrient monolith.http://www.globallegalpost.com/corporate-counsel/agrium-and-potashcorp-announce-mega-merger-7466100/Wed, 14 Sep 2016 12:09Around the house<a href = 'http://www.globallegalpost.com/corporate-counsel/around-the-house-27004744/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/27694069_s_300x180.jpg' border='0'/></a>A weekly round-up of moves from around the globe.http://www.globallegalpost.com/corporate-counsel/around-the-house-27004744/Wed, 14 Sep 2016 14:09Political risk shoots up the agenda for general counsel<a href = 'http://www.globallegalpost.com/corporate-counsel/political-risk-shoots-up-the-agenda-for-general-counsel-9224149/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/41511125_s (3).jpg' border='0'/></a>Political risk is fast becoming one of the top concerns for global companies, GC Futures delegates will hear.http://www.globallegalpost.com/corporate-counsel/political-risk-shoots-up-the-agenda-for-general-counsel-9224149/Wed, 14 Sep 2016 11:09Mergers losing ground to tech investment and team moves<a href = 'http://www.globallegalpost.com/big-stories/mergers-losing-ground-to-tech-investment-and-team-moves-84250056/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/48004716_s (2).jpg' border='0'/></a>New research shows that the leading 200 UK law firms are moving away from mergers as a favoured growth strategy and instead see investing in new technology and team moves as most likely to boost their profitability.http://www.globallegalpost.com/big-stories/mergers-losing-ground-to-tech-investment-and-team-moves-84250056/Tue, 13 Sep 2016 13:09Norton Rose Fulbright announces acquisition of third Canadian firm<a href = 'http://www.globallegalpost.com/global-view/norton-rose-fulbright-announces-acquisition-of-third-canadian-firm-25896857/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/14716423_s (2).jpg' border='0'/></a>Norton Rose Fulbright is growing its Canadian footprint with yet another local tie-up.http://www.globallegalpost.com/global-view/norton-rose-fulbright-announces-acquisition-of-third-canadian-firm-25896857/Tue, 13 Sep 2016 13:09Revenue soars at PwC Legal<a href = 'http://www.globallegalpost.com/big-stories/revenue-soars-at-pwc-legal-37228367/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/35675921_s (2).jpg' border='0'/></a>Revenue at the legal arm of the accounting giant has jumped by 25 per cent this financial year, from &pound;48.5m to &pound;59.9m, while net income stands at &pound;11m.http://www.globallegalpost.com/big-stories/revenue-soars-at-pwc-legal-37228367/Tue, 13 Sep 2016 12:09Olswang expands into Korea<a href = 'http://www.globallegalpost.com/global-view/olswang-expands-into-korea-74804832/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/45793212_s (2).jpg' border='0'/></a>TMT specialist Olswang has announced it is expanding its Asian offering to include Korea with the hire of consultant Steve Kim to lead business development and client support services locally.http://www.globallegalpost.com/global-view/olswang-expands-into-korea-74804832/Tue, 13 Sep 2016 12:09Cleary Gottlieb taps Gerstenzang as next managing partner<a href = 'http://www.globallegalpost.com/global-view/cleary-gottlieb-taps-gerstenzang-as-next-managing-partner-84532083/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/global management.jpg' border='0'/></a>Cleary Gottlieb Steen & Hamilton has elected New York-based funds partner Michael Gerstenzang to take over as managing partner from January.http://www.globallegalpost.com/global-view/cleary-gottlieb-taps-gerstenzang-as-next-managing-partner-84532083/Tue, 13 Sep 2016 11:09White & Case scores BLP tax boss for London office<a href = 'http://www.globallegalpost.com/big-stories/white--case-scores-blp-tax-boss-for-london-office-66858607/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/45744139_s (2).jpg' border='0'/></a>US-based White & Case is growing its London tax team with a high-profile hire from Berwin Leighton Paisner.http://www.globallegalpost.com/big-stories/white--case-scores-blp-tax-boss-for-london-office-66858607/Tue, 13 Sep 2016 11:09Former Canadian prime minister Stephen Harper joins Dentons<a href = 'http://www.globallegalpost.com/global-view/former-canadian-prime-minister-stephen-harper-joins-dentons-30894029/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/40851318_s_300x180.jpg' border='0'/></a>The former Conservative Party leader will be forging a new consulting career as a member of Dentons' Calgary team.http://www.globallegalpost.com/global-view/former-canadian-prime-minister-stephen-harper-joins-dentons-30894029/Tue, 13 Sep 2016 11:09New legal firms may top 1,000 this year<a href = 'http://www.globallegalpost.com/big-stories/new-legal-firms-may-top-1000-this-year-48244048/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/35115146_s_300x180.jpg' border='0'/></a>The number of new law firms opening their doors in the UK may reach four digits before the year is out.http://www.globallegalpost.com/big-stories/new-legal-firms-may-top-1000-this-year-48244048/Mon, 12 Sep 2016 13:09Matrix Chambers QC appointed deputy mayor<a href = 'http://www.globallegalpost.com/big-stories/matrix-chambers-qc-appointed-deputy-mayor-60225938/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/54180968_s_300x180.jpg' border='0'/></a>Human rights barrister and part-time criminal judge Matthew Ryder has been named as London's first ever deputy mayor for social mobility, social integration and community engagement.http://www.globallegalpost.com/big-stories/matrix-chambers-qc-appointed-deputy-mayor-60225938/Mon, 12 Sep 2016 13:09HSF sues client over unpaid fees<a href = 'http://www.globallegalpost.com/big-stories/hsf-sues-client-over-unpaid-fees-6031730/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/59241876_s (2).jpg' border='0'/></a>Herbert Smith Freehills has successfully sued its client San Leon Energy at London's High Court for nearly &pound;500,000 in unpaid fees.http://www.globallegalpost.com/big-stories/hsf-sues-client-over-unpaid-fees-6031730/Mon, 12 Sep 2016 13:09Private banking perks in peril for lawyers<a href = 'http://www.globallegalpost.com/big-stories/private-banking-perks-in-peril-for-lawyers-74607464/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/12691707_s (2).jpg' border='0'/></a>Wealthy lawyers are among those set to be most affected by J.P. Morgan's recent decision to increase the threshold for its elite private banking service to $10 million in investible assets.http://www.globallegalpost.com/big-stories/private-banking-perks-in-peril-for-lawyers-74607464/Mon, 12 Sep 2016 13:09NQ pay at Weil Gotshal hits new high<a href = 'http://www.globallegalpost.com/big-stories/nq-pay-at-weil-gotshal-hits-new-high-14525951/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/50020034_s (2).jpg' border='0'/></a>Reports indicate newly-qualified lawyers at the London office of US giant Weil Gotshal & Manges are set to earn 15 per cent more.http://www.globallegalpost.com/big-stories/nq-pay-at-weil-gotshal-hits-new-high-14525951/Mon, 12 Sep 2016 11:09Norton Rose, BCL and Hickman & Rose called in as Tesco execs charged with fraud<a href = 'http://www.globallegalpost.com/big-stories/norton-rose-bcl-and-hickman--rose-called-in-as-tesco-execs-charged-with-fraud-38191225/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/58700674_s (2).jpg' border='0'/></a>The Serious Fraud Office has charged three former Tesco executives with fraud by abuse of position following its investigation into the supermarket group's 2014 accounting scandal.http://www.globallegalpost.com/big-stories/norton-rose-bcl-and-hickman--rose-called-in-as-tesco-execs-charged-with-fraud-38191225/Mon, 12 Sep 2016 13:09Freshfields bags Eversheds international arbitration head<a href = 'http://www.globallegalpost.com/big-stories/freshfields-bags-eversheds-international-arbitration-head-18435237/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/45475305_s (2).jpg' border='0'/></a>Freshfields Bruckhaus Deringer has hired Eversheds international arbitration head Will Thomas to help bolster its ailing Paris office.http://www.globallegalpost.com/big-stories/freshfields-bags-eversheds-international-arbitration-head-18435237/Mon, 12 Sep 2016 09:09Shearman & Sterling Brussels head considering defection to Quinn Emanuel<a href = 'http://www.globallegalpost.com/big-stories/shearman--sterling-brussels-head-considering-defection-to-quinn-emanuel-75896233/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/12768167_s_300x180.jpg' border='0'/></a>Shearman & Sterling may be poised to lose a large chunk of its Brussel-based competition team.http://www.globallegalpost.com/big-stories/shearman--sterling-brussels-head-considering-defection-to-quinn-emanuel-75896233/Fri, 09 Sep 2016 15:09Simmons & Simmons keeps only 50 per cent of autumn qualifiers<a href = 'http://www.globallegalpost.com/big-stories/simmons--simmons-keeps-only-50-per-cent-of-autumn-qualifiers-62155003/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/38548369_s_300x180.jpg' border='0'/></a>It's a far cry from the 96 per cent retention rate logged by the firm last autumn.http://www.globallegalpost.com/big-stories/simmons--simmons-keeps-only-50-per-cent-of-autumn-qualifiers-62155003/Fri, 09 Sep 2016 15:09Record-breaking &pound;14bn MasterCard class action filed in London<a href = 'http://www.globallegalpost.com/big-stories/record-breaking-14bn-mastercard-class-action-filed-in-london-41406143/'><img width='120px' align='left' alt='' src='http://www.globallegalpost.com/uploads/images/43722675_s_300x180.jpg' border='0'/></a>The hotly-anticipated mammoth lawsuit has finally been filed with the Competition Appeal Tribunal (CAT).http://www.globallegalpost.com/big-stories/record-breaking-14bn-mastercard-class-action-filed-in-london-41406143/Fri, 09 Sep 2016 15:09